NEW YORK, Jul 17, 2009 (BUSINESS WIRE
) — SpongeTech(R) Delivery Systems, Inc.,
America’s Cleaning Company(TM), (OTCBB: SPNG - News) announced that the Company
has received its initial purchase order for its products from Wakefern Food
Corp. (”Wakefern”), the merchandising and distribution arm for ShopRite. The
products will be made available in select northeast ShopRite locations in
particularly high volume areas. The Company will focus on penetrating other
large national supermarket chains to help diversify revenues most effectively.
SpongeTech(R)’s COO, Steven Moskowitz stated, “We will now work aggressively
towards a successful marketing program targeted to customers of ShopRite.
Supermarkets represent a very good customer base for the Company as they are
geographically diversified and all products are desired for shelf space. We
believe many consumers purchase household cleaning products while shopping for
their groceries and we feel our innovative products will do very well at
ShopRite.”
Headquartered in Keasbey, New Jersey, Wakefern is a retail cooperative that
operates 2.5 million square feet of warehousing and its transportation fleet is
one of the largest private fleets on the east coast. With more than 200 stores
in six states, ShopRite serves more than five million customers each week.
Together, Wakefern and ShopRite employ more than 50,000 people throughout New
Jersey, New York, Connecticut, Pennsylvania, Delaware and Maryland. For more
information on Wakefern Food Corporation and ShopRite, please visit
www.wakefern.com and www.shoprite.com.
For more information, please contact Investor Relations at 1-877-SPONGE-T,
and/or visit the Company’s website at: www.spongetech.com
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets
unique lines of reusable cleaning products for Car Care, Child Care, Home Care
and Pet Care usages. These sponge-like products utilize SpongeTech(R)’s
proprietary, patent (and patent-pending) technologies and other technologies
involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other
ingredients. The Company’s sponge-like products are pre-loaded with specially
formulated ingredients such as soap, conditioner and/or wax that are released
when the sponge is soaked and applied to a surface with minimal pressure.
SpongeTech(R) is currently exploring additional applications for its technology
in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc.
intends to globally brand its Company as America’s Cleaning Company(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in
this presentation that relate to the Company’s expectations with regard to the
future impact on the Company’s results from new products in development are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur. Additional risks and uncertainties are
set forth in the Company’s Annual Report on Form 10-KSB for the year ended May
31, 2008, the Company’s Quarterly Report on Form 10-QSB for the Third quarter
ended February 28, 2009. The Company undertakes no obligation to publicly
release the result of any revisions to these forward-looking statements that may
be made to reflect events or circumstances after the date hereof, or to reflect
the occurrence of unanticipated events or changes in the Company’s plans or
expectations.
SOURCE: SpongeTech(R) Delivery Systems, Inc.
CONTACT:
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
1-877-776-6438
wayoung55@aol.com or info@spongetech.com
or
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email: info@cmir.de
Copyright Business Wire 2009
-0-
KEYWORD: United States
North America
New York
INDUSTRY KEYWORD: Home Goods
Retail
Specialty
Supermarket
SUBJECT CODE: Contract/Agreement
Sales